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New Member

Yes it's possible but make sure that the contracts you sign can in no way be interpreted against you and that you will always have full access and full rights to manage everything within your new business, even if the person you hired to buy the business wouldn't agree. Just because some people would really dress nicely, smile nicely until you give them your money and then rob you legally (of course without them breaking any laws)

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Premium Member

Premium Member

Although it is the exception, not the rule, it is not at all unusual for people to own businesses anonymously. Sometimes it is because the business is unsavory, like a gentlemen's club; sometimes it is for a business reason; sometimes it is just to keep one's business interests out of the public eye.

I have a couple of clients who have separate companies that sell products to competitors of their main company. They figure that their customer would not want to buy products directly from a competitor even if it was their best alternative because they would feel that they were helping out the competitor.

Buying a business without disclosing the actual ownership is also done, but it is a little harder than just owning the business anonymously. Usually there are dealings between the parties in a purchase transaction that work more smoothly if there is direct contact. Although an attorney, accountant or some other agent for the seller can represent the seller anonymously, it often puts an additional level of stress on the deal. There is often enough stress in reaching a deal that the additional stress of maintaining the anonymity of the buyer may be enough to sidetrack the deal completely.

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